BMO - Redemption of FNGA ETNs
May 15, 2025, 4:00:00 AM UTC
Summary
BMO will redeem all outstanding FNGA ETNs on May 15, 2025, due to increased costs associated with supporting leverage.
Company
BANK OF MONTREAL (BMO)NYSE — Financial Services: Finance Insurance And Real Estate, Banks - Diversified: Commercial Banks Nec
www.bmo.comSimilar Events
Call Settlement Date for FNGA ETNs
The Call Settlement Date for the FNGA ETNs is expected on May 15, 2025, when BMO will pay investors the Call Settlement Amount in cash.
otherLast Day of Trading for FNGA ETNs
The last day of trading for the FNGA ETNs is expected to be May 14, 2025, prior to their delisting from the NYSE.
otherTermination of Series T6 of BMO Fixed Income ETF Portfolio
BMO Investments Inc. will terminate Series T6 of BMO Fixed Income ETF Portfolio on July 11, 2025, with mandatory redemption of units on that date.
otherCompletion of Sale of Encumbered Properties
GNL expects to complete the sale of 41 encumbered properties in two additional phases by the end of Q2 2025, furthering its deleveraging strategy.
capital raise